The Mortgage Fulfillment Specialist is responsible for gathering, completing, and delivering all initial disclosures, change of circumstances redisclosures, ordering mortgage-related services, and reviewing all mortgage documents to ensure quality in delivering the complete loan package to the aggregators/GSE.  Monitor the pipeline to ensure timing requirements are met and comply with applicable federal and state regulations. The incumbent will also perform interim servicing tasks and complete accounting/general ledger activities in addition to being responsible for clearing any suspense items needed for the loan to be sold.

How you will spend your time:

• Accurately prepare and issue initial disclosures and change-in-circumstance disclosures.

• Order all services such as Appraisal, Title, SSA, and others before moving the files to processing. Monitor for appraisal receipt, upload appraisal into LOS and RIMS and complete data entry.  

• Deliver appraisals and acknowledgments to necessary parties in compliance with UMB Policy, State and Federal Regulations

• Support closing team by monitoring the Closing email and uploading closing related documents into LOS and update data.  

• Provide support in loan funding by preparing funding documents and requesting/approving loan wires.

• Monitor rate lock expiration dates to ensure loans meet pricing delivery deadlines.

• Assemble, review, and ship closed loan files to aggregators/GSE in a timely and accurate manner to meet all guidelines.  

• Work with closing agents, correspondents, custodians, and counties to obtain outstanding final signed and recorded documents and complete corrections as needed. 

• Effectively communicate within the mortgage department about approaching deadlines, missing information, and corrections that could affect the loan's profitability and delivery.  

• Locate and deliver pertinent documents missing from the original closing package and resolve any discrepancies in a timely manner to meet delivery requirements.

• Pay upfront premiums and prepare and send loan documents for government insuring.

• Monitor and gather aggregator/GSE suspense items for clear loan purchase.  

• Reconcile purchase advice notices from the aggregators/GSE, update LOS, post to appropriate general ledgers, and complete GL journal uploads. 

• Follow up on trailing documents, such as the final title policy and recorded security instrument, to complete the loan file. Complete remediation tasks regarding recording fee variances.  

• Assist in department bill paying and general ledger reconciliation.

• Provide interim servicing using Encompass on closed and unpurchased loans, including billing statements and posting payments to general ledgers.

• Cross-train to back up other areas of the department.

• Perform other duties as required and assigned.

We’re excited to talk with you if you have:

• High school diploma or equivalent experience; 3 years of relevant experience in the mortgage industry.

Bonus points if you have:

• Associate degree or equivalent college coursework; 3+ years of recent mortgage operational experience.

 

Compensation Range:

Minimum: $38,910.00 - Maximum: $90,090.00

The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

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